Cash flow
Call/Email
Revenue
$1,920,000
Down
$950,000
Posting: 284862 | Available | 4/29/24
This is a liquor store with a size of 5,800 sq ft., including upstairs and a big storage room in the back of the property. The upstairs is a 2 bed 1 bath (potential to rent out). There is great front parking space and easy to get in and out. There is a big back storage room for stocking inventory.
Asking Price
$3,499,000
Cash flow
Call/Email
Revenue
$1,680,000
Down
$950,000
Posting: 285899 | Available | 4/29/24
For sale is a freestanding liquor and wine with craft beer store with great front parking without any competition. It is surrounded by many residential and apartments and all around and very safe area and high-end mid residential locations. Most of the time it is all employee-run.
Asking Price
$1,750,000
Cash flow
Call/Email
Revenue
$2,160,000
Down
$4,000,000
Posting: 276482 | Available | 4/29/24
The liquor store and high-volume check cashing+Coin laundry with property. huge net income. It is in a great location with a large Latino population surrounding area. The store's monthly revenue averages $180,000 and Check cashing 8-9M per months. The seller is the landlord of the property retire.
Asking Price
$9,000,000
Cash flow
$1,750,000
Revenue
$1,750,000
Down
$1,250,000
Posting: 284942 | Available | 4/26/24
Established in 2007, with a consistent owner-operator, this upscale liquor store, strategically located, offers a variety of hot food and deli sandwiches. Operating under the same ownership since its inception, the business boasts impressive financials and substantial profitability.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$780,000
Down
Call/Email
Posting: 284944 | Available | 4/26/24
A fantastic opportunity awaits with this thriving liquor store boasting monthly sales of $65,000 and a reasonable rent of $3,800. Situated in a two-unit shopping center with ample parking, the 1,500 sq. ft. store is strategically located at a hard corner lot in a highly favorable neighborhood.
Asking Price
$470,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 280307 | Available | 4/26/24
This Sonoma County California ABC Type-47 Full Liquor License can be used on premises for a restaurant or may be converted to a Type 48 for a bar, tavern, or nightclub. This license is transferable to any location in Sonoma County, California.
Asking Price
$160,000
Cash flow
$216,000
Revenue
$960,000
Down
$350,000
Posting: 286240 | Available | 4/23/24
This liquor store near SoFi Stadium is for sale. The store opening time is from 7 AM to 10 PM. Lease has 15 years left and rent is $7,500 NNN. Lotto income is monthly $5,400 and store size is about 3,500 SF. This business has a huge potential for sales increase.
Asking Price
$825,000
Cash flow
$336,000
Revenue
$11,400,000
Down
$450,000
Posting: 285765 | Available | 4/22/24
The liquor store with extra income and very low rent at $2,805 gross lease with new 5years plus (1) five year option. The rent increase 3% each year on it. No competition near by it. Mostly all Hispanic customers and great net income after all expenses $25,000 to $30,000 per month.
Asking Price
$1,050,000
Cash flow
Call/Email
Revenue
$968,000
Down
$600,000
Posting: 285148 | Available | 4/22/24
A fantastic opportunity awaits with this well-appointed liquor store, complete with the property for sale. Situated in a prime, highly visible location at a bustling intersection teeming with traffic, this store boasts excellent exposure. It was recently remodeled at 3,000 sq ft.
Asking Price
$2,250,000
Cash flow
Call/Email
Revenue
$480,000
Down
Call/Email
Posting: 283199 | Available | 4/22/24
For sale is a liquor store on a main thoroughfare. The monthly sales are $40,000. The business hours are 9 am - 11 pm. The size of the store is around 2,000 sq. ft and the rent is $3,500. The reason is for selling is because the seller is moving. The store has good margins of around 40%.
Asking Price
$199,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 273164 | Available | 4/22/24
This well-established liquor store is located in prime location of town in San Francisco County, CA on a 2300 sq. ft. Seller claims average annual gross sales liquor store sales are $720,000 at 35% margin. Pharmacy Sales $2,300,000.
Asking Price
$390,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 282784 | Available | 4/22/24
This is a five-star liquor store and a fantastic opportunity to own this clean store with internet access with Uber or delivery. The seller claims average store and internet (online) sales which were recently established is $900,000 at a 40% average margin.
Asking Price
325,000+ Inv
Cash flow
$200,000
Revenue
$900,000
Down
$900,000
Posting: 285790 | Available | 4/21/24
For sale in Mission Hills, San Diego, is a thriving liquor store situated in a prime location. Originally a pizza shop that also offered a selection of liquor, beer, and wine, this establishment underwent a complete renovation in 2021, resulting in a modern and inviting space.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 283572 | Available | 4/20/24
For sale is a liquor store that has 15 walk-in coolers and 5 coolers. This place has big potential as it is a great location with a huge parking lot. Size 2,800 sq ft. Rent of $5,000 (New lease available). Gross income $35,000-$40,000. The hours are from 10am-10pm.
Asking Price
$150,000
Cash flow
$200,000
Revenue
$1,400,000
Down
$350,000
Posting: 285647 | Available | 4/18/24
Situated in the vibrant West Hollywood area, this hot location boasts a 100% absentee-run operation with a high margin of 45%. Previously achieving monthly sales of $120,000 in 2023, which surged to $200,000 per month during the pandemic, this establishment operates from 10:00 am to 12:00 am.
Asking Price
$900,000
Cash flow
$360,000
Revenue
$2,200,000
Down
$650,000
Posting: 285646 | Available | 4/18/24
For sale is a hot location that is absentee-run with a high margin of 45%. They used to sell $180,000/month (off sale $90,000 & online sale $90,000). Their open hours are from 9am-2am. It is 3,000+ sq ft. with upstairs. They have a new lease (5+5 years) and rent is $9,200 including NNN.
Asking Price
$1,600,000
Cash flow
$70,000
Revenue
$300,000
Down
Cash
Posting: 285704 | Available | 4/18/24
For sale is a liquor store that is open 6 days a week (Sun & holiday closed). They have short hours from 8:00am-7:30pm , 8:00am-6:00pm (Saturday). The opening hours can be extended. It is a liquor store with big potential, so the best for beginners. No Lottery, No EBT, No ATM, NO check cashing.
Asking Price
$79,000
Cash flow
$108,000
Revenue
$516,000
Down
$50
Posting: 286178 | Available | 4/17/24
Located on the Westside of Long Beach, the establishment has short open hours from 9 am to 8 pm and holds a clean ABC license. The owner, who has been the same since 2013, is tired and in need of a break. Despite this, the business benefits from reasonable rent at $3,900 per month.
Asking Price
$250,000
Cash flow
$240,000
Revenue
$1,000,000
Down
Call/Email
Posting: 285183 | Available | 4/15/24
Located in a predominantly Latino neighborhood characterized by high foot traffic, this store boasts a substantial volume of business. With a remarkably low monthly rent of $2,800, the opportunity for profit is substantial. The potential to accept EBT could further increase revenue streams.
Asking Price
810,000 (Reduced)
Cash flow
$78,000
Revenue
$600,000
Down
$299,000
Posting: 286135 | Available | 4/15/24
This well-established liquor store is ideally situated in the vibrant neighborhood of Koreatown. It boasts a loyal customer base from the surrounding community. After 12 years of successful operation and hands-on management alongside dedicated employees, the current owner has decided to retire.
Asking Price
$299,000
Cash flow
$180,000
Revenue
$720,000
Down
$450,000
Posting: 255696 | Available | 4/15/24
For sale is a well-established liquor store in Corona, Riverside County for many years. It's remodeled, has high margins, and a strong median income area. It's in a good location, with no competition nearby.
Asking Price
$450,000
Cash flow
call
Revenue
$960,000
Down
$300,000
Posting: 286102 | Available | 4/12/24
This is a freestanding liquor with parking spaces in the back, front, and street. It has been under current ownership for over 15 years and is run by all employees. It has heavy traffic and behind it are many residential areas. Adding more business hours and check cashing can increase potential.
Asking Price
$640,000
Cash flow
Call/Email
Revenue
$900,000
Down
$350,000
Posting: 285441 | Available | 4/9/24
For sale is a very clean and nice liquor and wine shop at city of Torrance with nice ample parking space. It is in a safe location and busy street in a mini shopping center. The size is about 2,100 sq ft. for a rent/lease of $6,100 plus NNN ($800).
Asking Price
$550,000
Cash flow
$180,000
Revenue
$720,000
Down
N/A
Posting: 277866 | Available | 4/9/24
This is a long-time established liquor store for sale. It has very clean wooden shelves including a camera system, including metal gates from the outside for safety. It is in a nice and safe neighborhood area with heavy traffic. There are two bar locations in the same block.
Asking Price
$299,999
Cash flow
$154,000
Revenue
$490,000
Down
$275,000
Posting: 286045 | Available | 4/8/24
The liquor store is a retail business that primarily sells prepackaged liquors, wines, beers, and lotto tickets. It is situated in a great area with a long lease and a spacious size, near Fountain Valley and adjacent to Mile Square Park. With the right buyer, it is possible to secure an SBA loan.
Asking Price
$299,000
Cash flow
$300,000
Revenue
$1,800,000
Down
$990,000
Posting: 268152 | Available | 4/6/24
For sale is an absentee-run liquor store in Long Beach. Currently manager have been operated 18 years. SBA loan is possible for qualified buyers. They have a low rent of $5,691 + NNN per month with a. long term lease. Monthly average sales are $150,000+. The current owner doesn't work in the store.
Asking Price
$1,250,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$750,000
Posting: 286016 | Available | 4/5/24
The liquor store and property with the rental income next to the liquor store. It is all employee-run. There are limited liquor stores in the area. It has good margins, and no competition around.
Asking Price
$3,050,000
Cash flow
Call/Email
Revenue
$1,425,000
Down
$30
Posting: 286000 | Available | 4/5/24
High-volume liquor store with a great location. Located on a busy street. It has a wide selection of products, from fresh produce to beer and wine. The store also has a great income, making it a great investment for anyone looking to start their own business.
Asking Price
$1,245,000
Total Investment
$69,000
Min Liquid Cash
$59,000
Net Worth
N/A
Posting: 285583 | Available | 4/28/24
Own your very own Quick Mart convenience store. It is better than a 7-Eleven and Circle K. There are no monthly fees and no franchise fees, just a one-time payment of $99,999. Training to run your store usually takes just 3 days. Business opportunity fee: $20,000 included in $99K.
Franchise Fee
$0
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284821 | Available | 5/2/24
Quarts n Pints Liquor Store is located in the Outer Sunset in the city of San Francisco. With heavy foot traffic, many different businesses around. For instance, bank, restaurants, bars, and produce market. This establishment is very well known and spacious. This is a great business opportunity.
Asking Price
$150,000
Cash flow
$192,000
Revenue
$1,360,000
Down
$35
Posting: 274854 | Available | 10/16/22
Liquor and wine shop for sale in North Los Angeles County, CA. The shop has been established for over 30 years and 4 years for the current owner. 2 full time employees and owner works. Semi Absentee run. Business Been SBA Pre-Qualified For Business Purchase Financing. Lease is 5+5 years available.
Asking Price
$900,000
Cash flow
Call/Email
Revenue
$1,800,000
Down
$400,000
Posting: 281354 | Available | 2/3/24
For sale is a liquor and wine shop that is absentee-run, but if the new owner is involved there can be more potential. It is high-volume at $150,000 + monthly and the business hours are from 7:30am-11pm/12am on weekends (there are no ABC conditions). Only Street Parking.
Asking Price
$1,190,000
Cash flow
Call / Email
Revenue
$600,000
Down
$125,000
Posting: 277228 | Available | 11/2/22
For sale is a liquor store located on a very busy street in Torrance, CA. It has a very reasonable rent and lease length. It is very visible with high traffic. The owner will be retiring. The average monthly sales are $50,000 and the asking price is $290,000.
Asking Price
$290,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 277870 | Available | 1/18/24
This is a Placer County type 47 liquor license for sale at $240,000. It authorizes the sale of beer, wine and distilled spirits for consumption on the licenses premises.
Asking Price
$240,000
Cash flow
$180,000
Revenue
$1,920,000
Down
Ask
Posting: 276833 | Available | 11/2/22
7-Eleven is one of the world's biggest and the most popular retail chains of convenience stores and 7-Eleven's top priority has always been to give customers the most convenient experiences possible to consistently meet their needs. 7-Even aims to be a one-stop shop for consumers
Asking Price
$420,000
Cash flow
$96,000
Revenue
$384,000
Down
$100,000
Posting: 280393 | Available | 4/26/23
The liquor store nearby FWY 605 is for sale. The store is in an independent strip center and the rent is amazingly low $1,700 gross per month. The lease is 10 years left. The monthly sales volume is about $32,000.
Asking Price
$150,000
Cash flow
$110,000
Revenue
$600,000
Down
Call/Email
Posting: 285089 | Available | 2/9/24
This popular liquor & convenience store is located on an extremely busy street with ample free parking right in front. It is in a mixed commercial and residential neighborhood, making it a go-to place for residents and commuters. It has easy egress and ingress and is highly lucrative.
Asking Price
$349,000
Cash flow
Call/Email
Revenue
$1,320,000
Down
$2,000,000
Posting: 282793 | In Contract | 9/12/23
Long-established liquor store business with retail units. Major street location. Safe area. Liquor store plus 2 additional tenants. Good margins. Currently no EBT (potential if added). Plenty of street parking.
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$720,000
Down
$249,999
Posting: 284198 | Available | 1/16/24
Whether you're an experienced entrepreneur or a newcomer, this turnkey business is ready for a smooth transition. All the hard work has been done so step in and continue the success modern design in a great South end of San Fernando Valley location.
Asking Price
$249,999
Cash flow
$240,000
Revenue
$1,440,000
Down
$1,250,000
Posting: 282019 | Available | 2/22/24
For sale is a liquor store - its size is more than 4,500 sq. ft and the lot size is more than 7,000 sq. ft. The total net sales income after all expenses is about $240,000 / year.
Asking Price
$3,750,000
Cash flow
$96,000
Revenue
$480,000
Down
$150,000
Posting: 282781 | Available | 9/12/23
The liquor store near FWY 5 and 134 is for sale. The business is located in a small shopping center. The lease is 3 years left and rent is currently $3,678 per month. Store opening time is currently from 8 AM to 9 PM. The size of the store is 1,900 SF.
Asking Price
$220,000
Cash flow
$269,000
Revenue
$1,310,000
Down
$400,000
Posting: 283074 | Available | 9/27/23
Discover an exceptional chance to own a highly profitable liquor store along with the property it's situated on. This expansive 6,100 sq ft establishment is ideally positioned in close proximity to the picturesque Lake Mendocino, attracting both locals and tourists alike.
Asking Price
$1,900,000
Cash flow
$240,000
Revenue
$1,260,000
Down
$500,000
Posting: 284360 | Available | 4/30/24
For sale is a liquor store and property that can get potential rental income from the back side of the liquor. It has a great parking lot on the side and back of the store and it is usually run by employees with 1 manager. It is located inside the neighborhood with limited competition. back-market
Asking Price
$2,495,000
Cash flow
Call
Revenue
Call
Down
Call
Posting: 191742 | Available | 10/5/20
For sale is a high-volume grocery/liquor store with property in Sacramento. A full beer, wine, and liquor license is included with NO conditions. Store Sales are $140k + @ 33%-35% profit.
Asking Price
$6,000,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 276344 | Available | 9/18/22
Liquor store located in Los Angeles County at a strip shopping center consisting of several other businesses. You can be your own boss and expand the business. The liquor store owners are looking to add another store. High-density population in the given area. Gross sale is $70,000, rent is $1600.
Asking Price
$575,000
Cash flow
Call/Email
Revenue
$1,056,000
Down
$498,000
Posting: 282398 | Available | 8/24/23
This is an upscale liquor store with a wine bar and tasting area in Orange County for sale. They have a full kitchen with a hot grill. It is absentee-run. They have a long-term lease for 6 plus 10 years and clean financial records. They serve excellent private wine parties starting at $2,000.
Asking Price
$498,000
Cash flow
Call/Email
Revenue
$624,000
Down
$35
Posting: 280299 | Available | 4/20/23
The liquor store is located near an intersection, a high walking traffic area, store size is nearly 1900sf, owner comes to the store just to collect money, managed by mostly the manager, much potential to improve the sales, the owner wants to retire after 11 years of ownership.
Asking Price
$210,000
Cash flow
$140,400
Revenue
$840,000
Down
$35
Posting: 281109 | Available | 6/8/23
Well-organized liquor store for sale, busy street location with mixed commercial and residential area, with reasonable rent and long lease term. Good Lotto income as extra (not included in monthly sales), perfect store for family-running buyers.
Asking Price
$435,000
Cash flow
Call/Email
Revenue
$750,000
Down
Call/Email
Posting: 277846 | Available | 4/10/23
This is well established on the corner location with heavy traffic and walk-in customers. An excellent store located on a corner location on a street in a small shopping plaza with heavy traffic.
Asking Price
$310,000
Cash flow
Call/Email
Revenue
$968,000
Down
$600,000
Posting: 285148 | Available | 4/22/24
A fantastic opportunity awaits with this well-appointed liquor store, complete with the property for sale. Situated in a prime, highly visible location at a bustling intersection teeming with traffic, this store boasts excellent exposure. It was recently remodeled at 3,000 sq ft.
Asking Price
$2,250,000
Cash flow
$103,736
Revenue
$602,709
Down
Call/Email
Posting: 285841 | Available | 3/26/24
Is your son or daughter attending UCSB? Offset the cost of their education with the profits from this near campus business! This is a long-established liquor store with repeat customers.
Asking Price
$349,000
Cash flow
$1,750,000
Revenue
$1,750,000
Down
$1,250,000
Posting: 284942 | Available | 4/26/24
Established in 2007, with a consistent owner-operator, this upscale liquor store, strategically located, offers a variety of hot food and deli sandwiches. Operating under the same ownership since its inception, the business boasts impressive financials and substantial profitability.
Asking Price
$1,250,000
Cash flow
$335,000
Revenue
$2,000,000
Down
Call/Email
Posting: 284005 | Available | 11/23/23
This is a well-established franchise C-store located on a busy intersection with excellent visibility in Contra Costa County, California. The seller has decided to sell due to family time management. This business is doing exceptionally well in sales, with an enormous upside.
Asking Price
$549,900
Cash flow
Call / Email
Revenue
$432,000
Down
Cash Only
Posting: 276030 | Available | 3/20/24
Profitable market/high-end liquor store with a Type 21 License. Located in a very busy shopping center on a major street. Lottery and tobacco license. Absentee owner. The owner has other stores that he needs to attend to. ATM machine included. Low rent and a long lease.
Asking Price
$214,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285821 | Available | 3/25/24
This grocery and liquor store is located in the County of Alameda, California. The asking price is $400,000 plus inventory. It needs a signed copy of the Non disclosure agreement to disclose more information of the store.
Asking Price
$400,000
Cash flow
$230,000
Revenue
$1,080,000
Down
$250,000
Posting: 280275 | Available | 4/19/23
Easy Operation - Money maker - No competition. A well-established liquor store with little to no competition in Sonoma County is up for sale. The store does about 90k/m in sales excluding the lotto.
Asking Price
$600,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
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SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
There are many myths associated with the process of selling a small business and some of them can actually cause deals to fall through. Don't let your sale be compromised, be aware of these common misconceptions related to the process of selling. Peter Siegel, MBA with BizBen explores this topic.
Peter Siegel, MBA - BizBen Founder & Director of the ProBuy/ProSell Programs explores why earnest money deposits when opening escrow (and bulk sale) serve several important purposes when buying or selling a small business in California. For Buyers not offering a realistic deposit may be a problem.
Successful sellers of small businesses need a game plan to sell their California small business for maximum price and for the best terms. Peter Siegel, MBA discusses these seller strategies with BizBen Blog readers based on his experience as the lead Advisor with the ProSell Program on BizBen.com.
Avoiding the obvious mistakes when selling a small business is important if you want to sell your business. Peter Siegel, Director of BizBen and the BizBen ProSell Program discusses what fatal mistakes business owners should avoid when selling their small to mid-sized California business.
The only time to get an exact and accurate inventory count, and valuation, is at the time the business is being transferred. To do so beforehand, would mean that any merchandise sold after inventory is taken, but before close of escrow - Peter Siegel, MBA with BizBen & others discuss this topic.
Buying a liquor store can present some major challenges to business buyers - a recent client on the BizBen ProBuy Program relates to Peter Siegel, MBA what the major challenges may be when searching for and buying a Californa liquor store business. I welcome other Advisors to weigh in on this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
